Every year, the Federal Reserve conducts a massive survey of American households to paint a portrait of their economic habits and spirits. The recently published findings for 2017 are worth examining for what they say about who should — and shouldn’t — get credit for the resilient US economy. Hint: It’s not who you think. Naturally, President Trump claims paternity. ...

When it comes to the unemployment rate and the stock market, lower is not always better. Investors cheered jobs report, which showed that the unemployment rate in May dropped to 3.8 percent. That was a shift from much of the rest of the year, when investors have reacted to strong earnings numbers and positive economic news with concerns that it ...

Country Garden Holdings Co. has a message for Asian debt junkies — the party’s over. China’s largest real estate developer may need to return to the dollar bond market after suspending a planned 20 billion yuan ($3.1 billion) sale on May 29. The firm, no stranger to the offshore world, already squeezed in $850 million of issuance in January, just ...